Hi friends! Welcome to this update analysis on Bitcoin! Let's get right to it! Looking at the daily BTC chart, you can see that price is clearly in an area that is rife with resistance. The first thing I would like to draw your attention to, is the 150 day moving average (in light blue.) As you can see, this average is an extremely important one to follow. It was...
The past days i have been overthinking about what Bitcoin' might do, trying to solve a puzzle that might have been going on. The drop we had on the 21th to 3920 made it quite clear we would see another drop happening, completing an ABC correction wave. But the next day i was starting to have doubts because the OI simply kept rising, eventually even making a new...
Gold 1h Inside Bar Sell Trade
This Inside Bar just broke down
and look at the 2nd last candle, a long wick have
already tested the yellow structure
Please note that Gold in Daily Chart has already
Rally to 0.618 level
Therefore we can sell gold now and aim
1310 and 1300
In my last Bitcoin (BTCUSD) analysis I mentioned the EMA100 (blue) resistance rejecting Bitcoin's continued growth and the fact that Bitcoin needed to retrace before trying again to break it, but something changed.
All throughout last year until recently, all sort of bear action would come up with massive strength and momentum, but this is no longer the case.
As said previously in my analysis, the BTC price has drifted between the $3,950-$4,000 level more than 8 days with some small exceptions.
The price has printed a nice consolidation area around the $4k (yellowish box) but it starts to show some weaknesses inside of this box.
First of all, it is below the major counter trendline and if the 4H candle gets a close...
NZDUSD is approaching its resistance at 0.6935 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is could reverse down to its support at 0.6869 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
AUDUSD / H1 / Technical Chart
Hello dear my friend, wish you best week
at AUDUSD chart, Head and Shoulders pattern will trigger, Targets are on the chart
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
Today we have 3946 as previous support become resistance (classic support and resistance). This level also as Fibonacci 618 resistance.
If this level able to hold bullish, it will confirm bearish with a new lower target at 3807 (fibonacci 1.618)
This pattern still unconfirmed as bullish 3 drives, and it will complete as bullish 3 drives once we reach 3807 with...
Signal ID: 64543
Time Issued: Monday, 25 March 2019 18:05:15 GMT
Entry: 144.357 - 144.942
Stop Loss: 145.763
The Breakout Opportunities system has just sold GBPJPY at 144.669. The system recommends entering this trade at any price between 144.357 and 144.942. The signal was issued because the GBPJPY has broken its 24-hour low while our...
The price could not stay above 4000.00 resistance level and drop below it. Now SMA200 holds the market. Using the previous highs we can draw a trend line which will act as a resistance. If the market moves upward, the price will have to break this trend line for confirmation of the strength of buyers.
But it looks like the market is going to continue the falling....
GBPUSD is approaching our first resistance at 1.3238 (horizontal overlap resistance, 61.8% extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.3105 (61.8% Fibonacci retracement).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
NZDCAD has approached in **HEAVY SUPPLY ZONE** with Overbought price action, ratios
and expected to correct itself with (+150 PIPS) downside
use these preferences to open a trade,
NZDCAD SELL NOW
STOP LOSS - 0.93098
TARGET - 0.91171
ETHUSD is approaching our first support at 133.92 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur to our major resistance at 147.94 (horizontal swing high resistance, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in...
XAGUSD is approaching our first resistance at 15.708 where we might see a strong drop might price to our major support at 15.237. Stochastic is also approaching resistance where we might also see a corresponding drop in price.
It's been a long while since I have posted on Trading View, but my February 8th chart
has still been in play and very valid. I always find similarities in the BTC charts to my own life and when I need to make big decisions, BTC is usually at a similar...
Looking at SKY setup its painted plainly Bullish setup with price breakout from falling wedge and re-test with bounce. We have immediate resistance at th end of the downtrend channel which I believe will be break to pave way for huge price movement.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch...